PAPY is a digital payment token designed for daily life scenarios, featuring "lightweight, fast, and low-cost" characteristics, offering an instant experience similar to mobile payments (such as Apple Pay or Alipay). We are committed to creating a lightweight, low-barrier, multi-scenario blockchain payment protocol, allowing users to enjoy secure and efficient on-chain payments without needing to understand technical details.
PAPY is an experiment and practice in "making blockchain payments truly a part of everyday life." Through innovative technology and user-oriented design, we aim to build a bridge from on-chain to real life, making cryptocurrency no longer just a tool for asset speculation, but an indispensable financial option in daily life.
By integrating blockchain technology with lightweight payment design, PAPY aims to solve the high fees, cross-border limitations, and inefficiencies of traditional payments, while promoting the real-world adoption of Web3 payment scenarios. Its advantages lie in technical innovation, cost optimization, ecosystem integration, and regulatory compliance.
Supports Layer 2 scaling (e.g., Arbitrum, Optimism) and second-level transaction confirmation. Combined with a gas offset mechanism, it delivers a Web2-like smooth experience. UI/UX mimics traditional payment interactions (e.g., scanning, confirmation feedback), lowering user learning curves.
Dynamic fee model supports micropayment scenarios (e.g., transit fares, tips). Includes transaction fee subsidy funds and batch transaction merging mechanisms to reduce costs. Integrates stablecoin bridges and fiat on/off ramps to minimize exchange rate volatility and conversion barriers.
Spans both Web2 and Web3 scenarios, covering retail, dining, public transport, NFT ticketing, and in-app DApp payments. Offers comprehensive SDKs and APIs for developer integration. Collaborates deeply with major blockchains, wallets, and payment protocols (e.g., Solana Pay, MetaMask) to build an open payment network.
On-chain AML/KYC hybrid models (integrating Chainalysis and zero-knowledge proofs) ensure compliance while protecting user privacy. The tokenomics includes buyback and burn mechanisms, volatility buffer funds, and merchant incentives to maintain long-term token value.
To ensure reasonable token supply and healthy market development, PAPY adopts a long-term planned issuance and release model to balance fair distribution and ecosystem incentives. The total supply of PAPY tokens is 1 billion, designed to support long-term project development and community participation, emphasizing decentralization, long-term involvement, and healthy market growth — laying a solid foundation for PAPY's payment ecosystem.
Total Supply of PAPY Tokens
Focused on Ecosystem Incentives
The success of the PAPY project relies on an experienced and diverse team. Our core team members come from different fields, possessing rich technical backgrounds and industry experience.
Holds a PhD in Biomedical Engineering and has served as an executive in several top medical technology companies, responsible for the overall strategic planning and operational management of the PAPY project.
Master's degree in Computer Science and Technology with over 10 years of experience in blockchain technology research and development, leading the technical architecture design and implementation for PAPY.
Holds a Master's degree in Finance with extensive experience in project financing and financial management, responsible for PAPY's financial management and fundraising.